EUR/USD Holding steady at key support level. EUR/USD is temporarily holding steady around a key multi-month reversal pattern support level. The sharp sell-off has also been weighed down by a recent DeMark™ exhaustion signal. Meanwhile, the bears need to close decisively below 1.3000 (psychological support), in order to extend the important multi-month reversal pattern into 1.2626 (16 Jan swing low). Only a sustained daily close back above 1.3460 unlocks an extended recovery into our upside